Interest Rate Hikes Could Sink Federal Budget

February 28, 2022 Federal Reserve Chair Jerome Powell said the economy no longer needs or wants highly accommodative monetary policies, so the Fed is going to raise interest rates to curb inflation. However, higher interest rates mean higher borrowing costs. As a...

High Inflation Won’t Go Away

February 21, 2022 The headlines continue to be dominated by inflation as the Consumer Price Index (CPI), a common inflation gauge, hit another new high in December. It’s the highest level on record in 39 years. Of course, this is getting everyone’s attention,...

Job Market on Fire

February 14, 2022 Choose any metric you’d like, it’s clear the U.S. job market is strong and getting stronger. The pandemic introduced a new set of labor dynamics. With the labor market being extremely tight right now, employers are hanging on to existing workers as...

The IRS is a Mess

February 7, 2022 The IRS had a terrible 2021 and this year looks even worse. Millions of people experienced unusually long processing times last year. Lengthy waits, delayed refunds, and general confusion made interactions with the IRS more frustrating than ever....